BRIDGEWATER, N.J., Nov. 2, 2016 /PRNewswire/ -- Ajanta Pharma USA Inc., a wholly owned subsidiary of Ajanta Pharma Ltd, India, announces today the launch of Amlodipine + Olmesartan Medoxomil Tablets, (5mg+20mg, 5mg+40mg, 10mg+20mg, 10mg+40mg), a bioequivalent generic version of Azor®1 Tablets into the US market.
Amlodipine + Olmesartan Medoxomil Tablets is part of an ever-growing portfolio of products that Ajanta has developed for the US market. In total, Ajanta has 29 Abbreviated New Drug Applications (ANDAs) of which it has 16 final ANDA approvals; 2 tentative approvals; and 11 ANDAs under review with the United States Food & Drug Administration.
About Ajanta Pharma
Ajanta Pharma Limited is a specialty pharmaceutical formulation company with global headquarters in Mumbai, India. Over 6,000 employees are engaged in developing, manufacturing, and marketing quality, finished pharmaceuticals across 30+ countries.
For the financial year ended March 31, 2016, Ajanta's consolidated revenue stood at $261 million and net profit of $61 million. For the last five years, Ajanta has posted healthy performance with its consolidated revenue growing at 26% CAGR and net profit at 51% CAGR.
For more details about Ajanta Pharma USA Inc., please visit us at www.ajantapharmausa.com.
1 Azor® is a registered trademark of Daiichi Sankyo Inc.
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SOURCE Ajanta Pharma USA Inc.